ERM quarterly
The European Restructuring Monitor quarterly (ERM quarterly) offers an overview of the main findings and an interpretation of the data collected over the past three months for the European Restructuring Monitor (ERM). It will provide statistics comparing restructuring activities across the 27 EU Member States and Norway, identifying the countries and sectors most affected. Each issue of the ERM quarterly will highlight developments in a specific country or sector, pointing to key facts behind the statistical data. In addition, background information on two major, recent restructuring cases will be presented.
Data limitations
The data collected and published through ERM - while useful in quantifying the phenomenon of industrial restructuring and its employment consequences - has some limitations. First, ERM correspondents have to rely on the accuracy of newspaper articles. Second, the newspaper articles report on restructuring announcements, which are rarely followed up by reporting on the actual measures taken. Third, ERM correspondents document a higher number of 'smaller' cases in the small economies, since these are picked up in the national papers but would not get coverage in the newspapers monitored in the large economies.
| Date | Summary |
 | The first issue for 2013 includes: - macroeconomic trends and prospects; - job creation and job losses at a glance (1/1/13 - 31/3/13); - sectoral distribution of job losses/job gains, and top five cases; - case in focus – National Bank of Greece; - support measures in focus - Legal frameworks of restructuring; - sector in focus – manufacturing. |
| The fourth issue for 2012 includes: - macroeconomic trends and prospects; - job creation and job losses at a glance (1/10/-31/12/2012); - sectoral distribution of job losses/job gains, and top five cases; - country in focus – Sweden; - Irish restructuring support measures in focus; - sector in focus – the newspaper industry. |
| The third issue for 2012 includes: - macroeconomic trends and prospects; - job creation and job losses at a glance (1/7/-30/9/2012); - sectoral distribution of job losses/job gains, and top five cases; - recent restructuring in Ireland; - fostering innovation; - Peugeot restructuring. |
| The second issue for 2012 includes: - macroeconomic trends and prospects; - job creation and job losses at a glance (1/4/-30/6/2012); - sectoral distribution of job losses/job gains, and top five cases; - 'Solidarity contract' saves 1,000 jobs at Safilo in Italy; - Working time flexibility; - Airlines mergers and retrenchment; - Shifts in employment structure in Europe and the USA. |
| The first issue for 2012 includes: - macroeconomic trends and prospects; - job creation and job losses at a glance (1/1/-31/3/2012); - sectoral distribution of job losses/job gains, and top five cases; - filling the 'Nokia gap' in Jucu, Romania; - restructuring support measures under the spotlight; - restructuring in the pharmaceutical sector; - life and work after the offshoring of a clothing factory in Wales. |
| The fourth issue for 2011 includes: - current macroeconomic trends and prospects; - overview of ERM cases October-December 2011; - restructuring at SAAB, Sweden; - restructuring in the banking sector; - restructuring research notes: Eurofound's restructuring support measures database. |
| The third issue for 2011 includes: - current macroeconomic trends and prospects; - overview of ERM cases July-September 2011; - restructuring at Nokia Romania; - restructuring in the education sector; - restructuring research notes: globalisation and labour markets conference. |
| The second issue for 2011 includes: - current macroeconomic trends and prospects; - overview of ERM cases April-June 2011; - restructuring in the public sector; - restructuring research notes. |
| The first issue for 2011 includes: - current macroeconomic trends and prospects; - an overview of ERM cases for January-March 2011; - Job creation and business expansion in the IT sector; - Restructuring in the FIAT plant in Termini Imerese; - and restructuring research notes. |
| The fourth issue for 2010 includes: - current macroeconomic trends and prospects; - an overview of ERM cases for October-December 2010; - sector in focus: Postal sector liberalisation; - and restructuring research notes. |
| The third issue for 2010 includes: - current macroeconomic trends and prospects; - an overview of ERM cases for July-Sept 2010; - 1st sector in focus: job creation in retail; - 2nd sector in focus: public sector restructuring in Romania; and - restructuring research notes. |
| The second issue for 2010 includes: - current macroeconomic trends and prospects; - an overview of ERM cases for April-June 2010; - 1st sector in focus: signs of recovery in car manufacturing; - 2nd sector in focus: developments in the media and broadcasting sector; and - restructuring research notes. |
| The first issue for 2010 includes: - current macroeconomic trends and prospects; - an overview of ERM statistics for January-March 2010; - sector in focus: european airlines; - restructuring at GM Opel; - restructuring research notes. |
| The fourth issue for 2009 includes: - current macroeconomic trends and prospects; - an overview of ERM statistics for October-December 2009; - employment and restructuring outlook for 2010; - collective redundancy data: Lithuania; - restructuring in Malta; - restructuring research notes. |
| The third issue for 2009 includes: - current macroeconomic trends and prospects; - an overview of ERM statistics for July-September 2009; - restructuring in the European shipbuilding sector; - collective redundancy data: Denmark; - restructuring in Cyprus and Malta; - restructuring research notes. |
| The second issue for 2009 includes: - current macroeconomic trends and prospects; - an overview of ERM statistics for April-June 2009; - state aid for companies affected by the crisis – the case of Germany; - recent news on restructuring from the European Industrial Relations Observatory; - collective redundancy data: Spain; - restructuring in Cyprus and Malta. |
| The first issue for 2009 includes: - current macroeconomic trends and prospects; - an overview of ERM statistics for January-March 2009; - restructuring in the retail sector; - collective redundancy notifications as a potential data source on restructuring in Europe; - restructuring in Cyprus and Malta. |
| The fourth issue for 2008 includes: - current macroeconomic trends and prospects; - an overview of ERM statistics for October-December 2008; - restructuring in the automotive sector; - crisis in the Swedish automotive industry; - restructuring in Cyprus and Malta. |
| The third issue for 2008 includes: - current macroeconomic trends and prospects; - an overview of ERM statistics for July-September 2008; - restructuring in the German state-owned banking sector; - case in focus: Renault, France; - restructuring in Cyprus and Malta. |
| The second issue for 2008 includes: - current macroeconomic trends and prospects; - an overview of ERM statistics for the second quarter 2008; - restructuring in the postal services sector; - case in focus: FCI, France; - restructuring in Cyprus and Malta. |
| This first issue for 2008 includes: - an overview of current macroeconomic trends and prospects; - an overview of the ERM statistics for the first quarter of 2008; - a focus on restructuring in the financial services sector; - the closure of Nokia in Bochum; and - restructuring in Cyprus and Malta |
| This fourth issue for 2007 includes: - a summary of current macroeconomic trends and prospects; - an overview of the ERM statistics for the fourth quarter of 2007; - details of the global restructuring plan at Unilever; - restructuring at ZRE Katowice; and - restructuring in Cyprus. |
| This third issue for 2007 includes: - an overview of current macroeconomic trends and prospects; - an overview of the ERM statistics for the third quarter of 2007; - a focus on restructuring of Nokia Siemens Networks; - restructuring in Cyprus and Malta. |
| This second issue for 2007 includes: - an overview of current macroeconomic trends and prospects; - a focus on restructuring in the commerce sector; - restructuring in Bulgaria and Romania; - restructuring in Cyprus and Malta. |
| This first issue for 2007 covers: - Summary of current macroeconomic trends and prospects; - Overview of the ERM statistics 1st quarter 2007; - Restructuring at Alcatel-Lucent; - Restructuring at AIRBUS; - Restructuring in Cyprus and Malta; - Note on methodology. |
| This fourth issue of the ERM quarterly includes: - current macroeconomic trends, according to the World Bank; - an overview of ERM statistics for the fourth quarter 2006; - restructuring at Volkswagen and at EADS, the leading European aerospace and defence group; - and, for the first time, a separate section on restructuring in Cyprus and Malta. |
| This third issue of the ERM quarterly includes: - current macroeconomic trends from the World Economic Outlook, published in September 2006 by the International Monetary Fund (IMF); - the overall ERM statistics for the third quarter 2006; - offshoring from eastern Europe during the last two years, in particular the offshoring of textiles and leather manufacture; - the recent rapid increase in temporary agency work in Germany, with reports on Randstad Germany and Manpower Germany. |
| This first issue of a revised approach to the ERM quarterly includes: - an overview of relevant indicators such as GDP growth and the unemployment rate; - the overall ERM statistics for the second quarter 2006; - an examination of the often neglected issue of restructuring in the public sector with particular focus on job losses in the British National Health Service; - the influence of foreign direct investment on the enhancement of skills in Eastern Europe. |
| The Spring 2006 issue provides an overview of restructuring cases across Europe during the period January to March 2006, with a spotlight on Bulgaria, the transport and storage sectors and two company cases: ADIF and Volkswagen. |
| The Winter 2005 issue provides an overview of restructuring cases across Europe during the period October to December 2005, with a spotlight on Sweden, the chemicals sector and two company cases: French electricity utility EDF and South Korean tyre manufacturer Hankook Tire. |
| The Autumn 2005 issue provides an overview of restructuring cases across Europe during the period July to September 2005, with a spotlight on Romania, the construction and woodworking sector and two company cases: Swedish furniture retailer Ikea and IT company Hewlett-Packard. |
| The Summer 2005 issue provides an overview of restructuring cases across Europe during the period April to June 2005, with a spotlight on Spain, the retail sector and two case examples of companies creating jobs: BMW in Germany and Tesco in Poland. |
| The Spring 2005 issue provides an overview of restructuring cases across Europe during the period January to March 2005, with a spotlight on Germany, the post and telecommunications sector and two company cases: telecom operator Deutsche Telekom and fashion house Nina Ricci. |
| The Winter 2004 issue provides an overview of restructuring cases across Europe during the period October to December 2004, with a spotlight on the United Kingdom, the motor sector and two company cases in the automotive supply chain: Delphi Automotive Systems, a global first-tier supplier, and the Japanese group Calsonic Kansei. |
| This issue provides an overview of restructuring cases for the period July to September 2004, with a special focus on Poland, the metal and machinery sector, and two company cases: the Irish agri-food company Dairygold and the German company Hörmann expanding further in Poland. |
| This issue provides an overview of restructuring cases for the period April to June 2004, with a special focus on Slovakia, the textiles and leather sector, and two company cases: the Polish pharmaceutical company Polfa Tarchomin and the Spanish railways company Talgo. |
| This issue provides an overview of restructuring cases for the period January to March 2004, with a special focus on France, the food, beverages and tobacco sector, and two company cases: high street chemist Boots and France Télécom. |
| This issue provides an overview of restructuring cases for the period October to December 2003, with a special focus on Portugal, the financial services sector, and two company cases: HSBC bank and textile company Melka Confeccoes. |
| The second issue provides an overview of restructuring cases registered between July and September 2003 with a country focus on Ireland, a sector focus on transport and communications, and a company focus on Waterford Crystal and Deutsche Steinkohle AG. |
| The first issue provides an overview of restructuring cases registered between April and June 2003 with a country focus on Finland and Belgium, and a company focus on Alstom and the SNCB. |
Page last updated:
19 May, 2013